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Macquarie offloads UK sun

Fiera Infrastructure buys portfolio of rooftop solar assets

Macquarie offloads UK sun image

Macquarie Principal Finance has divested a 41MW platform of UK solar PV assets to Canadian company Fiera Infrastructure.

The platform consists of a combination of residential and commercial rooftop and ground-mounted systems situated across the UK.

In the last year the portfolio generated 33 gigawatt hours in residential power and helping to avoid around 11,500 tonnes in carbon emissions, the company said.

The UK financing outfit built the platform over the last four years and has successfully managed a number of the assets through development, construction and into operation.

Macquarie Principal Finance associate director Andrew Gray said: “This transaction demonstrates Macquarie’s continued capacity to develop, build and operate renewable assets in the UK.

“We are pleased to have created this platform, adding institutional scale and helping to develop the UK’s rooftop solar PV market.”

Image: Pixabay

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